Tag: Roboforex
The BTC is trying to recover, but its hopes were shipwrecked. Yesterday, the major crypto gained almost 4%, but today it is retreating to $19,065. We’ve already told earlier that important support level at $18,000-$19000 “survived”. However, the BTC still stands a good chance to reach this range, because there are no good reasons to […]
The Pound sterling is plunging against the USD. The current quote for the instrument is 1.1158. During its September meeting, the Bank of England raised the benchmark interest rate for the seventh consecutive time, by 50 basis points, to 2.25%. Such a hike was widely expected, but some investors believed it could have been more […]
EURUSD, “Euro vs US Dollar” As we can see in the H4 chart, after forming a Harami reversal pattern close to the support area, EURUSD may reverse in the form of a new ascending impulse. In this case, the upside correctional target may be at 0.9900. However, an alternative scenario implies that the price may […]
GBPUSD, “Great Britain Pound vs US Dollar” GBPUSD is falling within the bearish channel. The instrument is currently moving below Ichimoku Cloud, thus indicating a descending tendency. The markets could indicate that the price may test Kijun-Sen at 1.1310 and then resume moving downwards to reach 1.1020. Another signal in favour of a further downtrend […]
USDCAD, “US Dollar vs Canadian Dollar” As we can see in the H4 chart, after forming a Shooting Star reversal pattern close to the resistance level, USDCAD may reverse in the form of a new descending impulse. In this case, the downside target may be at 1.3410. Later, the market may rebound from this level […]
USDCHF, “US Dollar vs Swiss Franc” As we can see in the H4 chart, after breaking the 200-day Moving Average, USDCHF is trading above it to indicate a possible ascending tendency. The Relative Strength Index is testing the ascending trendline. In this case, the pair is expected to rebound from 6/8 (0.9643), and then resume […]
USDJPY is falling on Thursday after interventions by the Bank of Japan. The Japanese Yen reached stability against the USD. The current quote for the instrument is 142.85. The Yen was weakening against the USD yesterday but managed to reach stability this morning. The Japanese currency might be interesting for investors as a “safe haven” […]
EURUSD reached another bottom, the lowest in the last 20 years. The major currency pair continues to retreat on Thursday. The current quote for the instrument is 0.9866. The USD is in high demand from investors who are trying to escape risks. So, the most important monetary event of the month is over – the […]
EURUSD, “Euro vs US Dollar” EURUSD has fixed above the support level. The instrument is currently moving below Ichimoku Cloud, thus indicating a descending tendency. The markets could indicate that the price may test Tenkan-Sen at 0.9895 and then resume moving downwards to reach 0.9365. Another signal in favour of a further downtrend will be […]
EURUSD, “Euro vs US Dollar” EURUSD has completed the descending wave at 0.9814 along with the correction up to 0.9900. Today, the pair may resume trading downwards with the target at 0.9800, or even extend this structure down to 0.9760. GBPUSD, “Great Britain Pound vs US Dollar” Having finished the descending wave at 1.1237 along […]